On the record
When we have restored the price level, we shall seek to establish and maintain a dollar which will not change its purchasing and debt paying power during the succeeding generation.
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gutenberg.orgWhen we have restored the price level, we shall seek to establish and maintain a dollar which will not change its purchasing and debt paying power during the succeeding generation.
Roosevelt discusses the long-term goal of stabilizing the dollar's value after restoring price levels.
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